12 Grenville Street, Marfell, New Plymouth, Taranaki
New Plymouth, New Zealand
Guide Price
$227,150
385,000 NZD
PROPERTY TYPE
house
BEDROOMS
3
BATHROOMS
1
Description
Description – If you’re searching for a freehold property with great potential, this well-positioned home presents an excellent opportunity for first-home buyers, renovators, or investors ready to add value. Set on a level 512sqm section, the home offers three bedrooms and approximately 110sqm of floor area, providing a solid foundation to make it your own. There is also off-street parking, adding convenience for everyday living. With a current Capital Value of $420,000, this property offers buyers the chance to secure a freehold home with scope to improve and maximise its potential. Property
Features: • 3 bedrooms 110sqm
floor area (approx.) 512sqm level freehold section Off-street parking Capital Value: $420,000 Current rates: $3,639.80 per annum LIM available on request Important: This property is being sold “as is, where is” with no warrantable chattels. Deadline closing at 3pm on 8th of April 2026 (unless sold prior). Opportunities to secure freehold homes at this level are becoming increasingly rare. Contact us today to arrange a viewing or for details of the next open home.
Location
Open in Google MapsLiving in New Plymouth
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Anu Bhatnagar - Success Realty Ltd (Licensed: REAA 2008) - Bayleys, New Plymouth
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD